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stockseekerok

05/01/16 4:52 PM

#33575 RE: PJC1 #33573

Yes its pretty standard language often used when increases are needed. The only difference I see here is them stating the need for funds to pursue any potential remedy from Rontan for terminating the deal.
I suspect Rontan had discussions with counsel before deciding to terminate, so they have a reason or reasons whether valid or proper it looks like a Judge will decide